Subject: S7-05-20
From: Raymond Hooks III
Affiliation:

Mar. 29, 2020

 

We are very supportive of the proposed release 33-10763 in its entirety. Small businesses are the hardest hit by the Coronavirus crisis. They need access to capital, but the sources are drying up fast. Regulation Crowdfunding is a great rule, but the $1.07M limit is too low to be meaningful. We would like the SEC to immediately raise it to $5M to help businesses that are hurting right now. 

Raymond Hooks III, Manager 
RH III Rocket Dollar, LLC